Cboe Global Markets, Inc.

CBOE · Mid cap · 1 article

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$4.7B	$4.1B	$3.8B	$4.0B	$3.5B
Cost of revenue	$2.3B	$2.0B	$1.9B	$2.2B	$2.0B
Gross profit	$2.4B	$2.1B	$1.9B	$1.7B	$1.5B
Operating expenses	$962.0M	$974.0M	$860.1M	$1.3B	$670.2M
Operating income	$1.5B	$1.1B	$1.1B	$489.6M	$805.9M
Interest expense	$52.3M	$51.5M	$62.4M	$60.0M	—
Pretax income	$1.6B	$1.1B	$1.0B	$432.9M	$756.1M
Income tax expense	$466.6M	$318.9M	$286.2M	$197.9M	$227.1M
Net income	$1.1B	$764.9M	$761.4M	$235.0M	$529.0M
Balance Sheet
Cash and equivalents	$2.2B	$920.3M	$543.2M	$432.7M	$341.9M
Current assets	$4.4B	$2.5B	$2.0B	$1.6B	$1.5B
Total assets	$9.3B	$7.8B	$7.5B	$7.0B	$6.8B
Current liabilities	$2.4B	$1.4B	$1.4B	$1.5B	$1.2B
Total liabilities	$4.2B	$3.5B	$3.5B	$3.5B	$3.2B
Total debt	$1.4B	$1.4B	$1.4B	$1.8B	$1.3B
Stockholders' equity	$5.1B	$4.3B	$4.0B	$3.5B	$3.6B
Cash Flow Statement
Cash from operations	$1.8B	$1.1B	$1.1B	$651.1M	$596.8M
Depreciation and amortization	$122.4M	$133.0M	$158.0M	$166.8M	$167.4M
Stock-based compensation	$50.4M	$41.8M	$41.3M	$30.7M	$26.6M
Capital expenditure	$71.0M	$60.9M	$45.0M	$59.8M	$51.0M
Free cash flow	$1.7B	$1.0B	$1.0B	$591.3M	$545.8M
Dividends paid	$284.3M	$249.4M	$223.5M	$209.4M	$193.3M
Share repurchases	$66.7M	$204.8M	$83.9M	$100.9M	$81.3M
Impairments	$46.7M	$81.0M	$0	$460.9M	$5.6M

Shares outstanding 104.7M · Free float 99.7%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.